What are the strategies of knowledge management, HR Management

Assignment Help:

What are the Strategies of knowledge management

In the emerging knowledge society, knowledge is being recognised in an increasing measure as a primary source of wealth production. Economies that can efficiently exploit their knowledge resources are doing better than those that have abundant natural resources but lack the knowledge to exploit them. The vast and deep impact on the social and economic environment caused by technology and globalisation has forced organisations worldwide to make significant changes to their objectives, strategies, and organisational structures in order to adapt, survive and succeed in the 21st century. Organisations need to become wired, retooled and networked; but also need to change both the extrinsic elements of their products, activities and/or structures and their basic intrinsic way of operating-values, and mind-set, and sometimes even their purpose.

Organisations must learn very quickly in order to adapt to rapid environmental changes to survive and succeed. Thus, today's organisation has little choice but to transform itself into 'learning' organisation, one of the principal purposes will be the expansion of knowledge that comes to reside at the core of what it means to be competitive and productive. The organisation should develop the capacity to collect, store and transfer knowledge and thus continuously transform itself for corporate success. Technology should be judiciously utilised to optimise both learning and productivity.

 


Related Discussions:- What are the strategies of knowledge management

How would you define the work-life balance concept, QUESTION 1 : "There...

QUESTION 1 : "There is little agreement on what constitutes work". Examine the different conceptions of work in modern society. QUESTION 2 : (a) Identify five aims of ta

Explain tower plan, Q. Explain Tower plan? Tower plan: the objective of...

Q. Explain Tower plan? Tower plan: the objective of this plan is to encourage cost reduction by foreman and workers. However, bonus is paid from a reduction in labour cost alon

Strategig HRM processes, In this Individual Assignment, you will focus on y...

In this Individual Assignment, you will focus on your scenario organisation’s upcoming transition. You will analyse relevant HR processes and OB concepts that may arise in the scen

Human resource management, discuss in detail Human Resource Management pro...

discuss in detail Human Resource Management process?

Discovering career strategy, Q. Discovering Career strategy? Discoverin...

Q. Discovering Career strategy? Discovering in order to manage job search successfully and attain career goal of meaningful employments employee must first conduct a self asses

Industrial, explain industrial human resource

explain industrial human resource

Role of hr, Role of HR HR may initiate systematic efforts to improve s...

Role of HR HR may initiate systematic efforts to improve skill levels of employees so that the firm may compete on quality. Deregulation, globalisation and technological innov

Induction, main reasons why some companies do not pay sufficient attention ...

main reasons why some companies do not pay sufficient attention to staff induction

High level of commitment within the workforce, Question: Many organisat...

Question: Many organisations now try to secure a level of commitment and engagement from their employees which goes beyond straightforward compliance with the formal obligati

How organizational behavior help in hrm, How does Organizational Behavior h...

How does Organizational Behavior help a student of HRM? 2. OB helps to simplify the job' how? 3. without knowledge of OB it is quite impossible to be a good leader' Explain. please

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd